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ARCADIS supports U.S. Army Corps of Engineers with multiple contracts to close sites and improve installation sustainability


February 7, 2014 - London

ARCADIS (EURONEXT: ARCAD), the world's leading natural and built asset design and consultancy firm, announced today that it has received several indefinite delivery indefinite quantity (IDIQ) contracts awarded by the Baltimore, Philadelphia, and Omaha districts of the U.S. Army Corps of Engineers. Most of these contracts have been awarded to multiple companies and ARCADIS has to compete for task orders to generate revenues.

The Baltimore District award totals US$125 million as a shared capacity contract for hazardous, toxic, and radioactive waste and military munitions services. With five companies participating, ARCADIS' equal share is valued at US$25 million. The Philadelphia District contract is a $5 million single award contract for ARCADIS covering similar services supplementing the District's capabilities for providing geo-environmental, geotechnical and professional services in support of various construction projects.

"ARCADIS looks forward to continuing our more than 20 years of support to the Baltimore District and will continue to apply innovative solutions to some of their most complex environmental remediation projects," said Heather Polinsky, director of the federal program for ARCADIS U.S. "We're pleased the Corps has recognized our contributions by selecting us as a trusted consultant and partner in helping them meet their environmental and engineering needs while improving public safety and human health."

In addition to these two contracts, ARCADIS as a joint venture with protégée firm, PIKA International, was recently awarded the Baltimore District's small business multiple award environmental services contract, a $100 million shared capacity contract for removal of hazardous materials and military munitions, as well as environmental sustainability services. With five companies participating, the ARCADIS-PIKA JV equal share is valued at US$20 million. Within the joint venture ARCADIS is expected to realize 60 percent of the gross revenues from this contract.

The ARCADIS-PIKA team was also selected as one of 10 for the Omaha District IDIQ multiple task order contract for environmental remediation services for the military munitions response program with a capacity of $250 million, setting its equal share at US$ 25 million. Under the ARCADIS-PIKA JV agreement, ARCADIS will realize 60 percent of the gross revenues for projects awarded to the JV.

For more information please contact Joost Slooten at +31 (0) 20 2011083, or outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com

About ARCADIS: ARCADIS is the leading global natural and built asset design and consultancy firm working in partnership with our clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. ARCADIS differentiates through its talented and passionate people and its unique combination of capabilities covering the whole asset life cycle, its deep market sector insights and its ability to integrate health & safety and sustainability into the design and delivery of solutions across the globe. We are 22,000 people that generate €2.5 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com


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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARCADIS N.V. via Globenewswire

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GlobeNewswire

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